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Company History    
VENETO EXPLORATION, LLC is a closely held private company that was founded by Alberto Dal Cin and Dennis Eubanks with the specific purpose of growing an efficient and profitable energy company through the acquisition of existing producing oil and gas leases. From its inception great care and caution were taken to develop only those lease prospects that still had producible pay-zones in place. It was VENETO's belief that well bores could be bought at a price, which allowed for re-entry, re-completion, work-over, and developmental drilling, with the price of crude on the rise and that profits would be forth coming. In late 2002 the price of crude was at $24/bbl. With volatility in pricing ranging from $136 to $36 during 2008, VENETO has demonstrated the success of its investment and operating  strategies, remaining profitable at all crude price ranges.  

  With over 30 years experience in the energy business, its founders brought extensive knowledge and insight into this area of the energy marketplace. Today VENETO is experiencing the benefits of its founders' vision and market expertise. The company continues to seek existing production, which can be acquired, based on economic advantage. Since the summer of 2005 VENETO has begun to explore its existing leases for opportunities to further enhance its monthly production. In early 2006 for the first time, VENETO began acquiring leases for the specific purpose of new drilling opportunities.
Dennis Eubanks, Exec VP / Alberto Dal Cin, President

 

   
Today VENETO and its sister companies (Estacado Energy, LLC and DEN-KAY Corp) own and operate a total of 298 well bores on 36 leases in 9 counties in the Fort Worth Basin of North Central Texas and the Permian Basin of West Texas. These counties include Wichita, Wilbarger, Foard, Archer, Throckmorton, Stephens, Jones, Nolan, and Fisher. Many of the 36 leases are still in the clean-up, repair, and work-over stage. On a methodical schedule, field operations are gradually increasing the company's monthly production. In 2003 VENETO produced 12,000 bbls. Duing 2008 the VENETO ENERGY GROUP set the goal to produce 75,000 +/- bbls.  Because of its rapid growth VENETO is being presented with expanding opportunities. VENETO is always exploring the idea of selling some of its existing producing lease inventory to raise capital to expand its ownership of other prospects.  

 
 
 
 
 
 
 
 

 

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Veneto Energy Group
2600 Ave K
Suite 203
Plano TX 75074

Tel.: 972-633-8886
Fax: 972-633-9993

Email:
dse@venetoenergy.com
 
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